Chapter Seventy-Nine: The Trial (4)
"Against!"
Just when Zhong Shi was speechless, Allen. Sean stood up at the right time and retorted loudly: "Your Excellency, judges, jury, there is absolutely no problem with the integrity of my client. As an outstanding person who has been awarded the Grand Bauhinia Medal by the Hong Kong government and the holder of the title of Justice of the Peace, my client enjoys a high reputation in Hong Kong, and I can even ask the Hong Kong government to produce the relevant official letter to prove this. ”
The so-called Justice of the Peace refers to a title that originated in the United Kingdom, and is appointed by the government to maintain community peace, prevent illegal punishment, and deal with some relatively simple legal procedures, such as patrolling prisons, receiving complaints, supervising citizens taking oaths, issuing statements, and even supervising lottery drawings. After the handover, the power to award Justices of Peace in Hong Kong fell into the hands of the Hong Kong government, and the Grand Bauhinia Medal of Justice of the Peace is the highest rank among them, and only those who have made significant contributions to Hong Kong can obtain it. In 06, Zhong Shi received this honor from the hands of Cen Yinquan and became the youngest Justice of the Peace.
Hear Alan. Sean's words, the jury was in a commotion again, and they exchanged heads for a long time and accepted Alan. Sean's statement, after all, people who can be recognized by the government generally have no problems with integrity.
"So there's another possibility?" Mead. The stunned expression on Wolfsky's face flashed for a moment, and after seeing that the attack on Zhong Shi's personal integrity was fruitless, he decisively turned to another direction, "That is to say, for a long time, there has been a problem with the operation mode of your fund, which may involve insider trading. And you, as the founder and manager of the fund, have taken a kind of indifference or even acquiescence to this? ”
Because Tom. Dalaire once sent an email to Zhong Shi's mailbox, so the SEC determined that Zhong Shi was the operator behind the scenes. But now Mead. After the failed reconciliation, Wolfsky began to focus his fire on attacking Bellstone's reputation, knowing full well that the other side cherished feathers. Naturally, such an opportunity will not be missed.
Because of the principle of "suspicion follows the guilt", as long as Zhong Shi is suspected in this regard, then Mead. Wolfsky was able to make it difficult for the other side to get out, because the other side had to prove his innocence, but it was not easy. And once the other party falls into a disadvantageous situation, when he turns his head and asks for peace. The terms he was going to offer weren't going to be as cheap as they were today.
Zhong Shi still kept his head down and remained silent, this unusual behavior quickly attracted everyone's attention, and the already quiet courtroom was even more silent at this time, and everyone was waiting for Zhong Shi to defend himself. They realized that if the explanation on this issue was not clear, they were afraid that Zhongshi's side would be in danger.
In addition to Zhong Shi in the court, the most anxious person is Allen. Sean too. But he couldn't help at this time, and just as he was about to use the Fifth Amendment to protect Zhong Shi, he saw Zhong Shi slowly raise his head. After glancing at him with complicated eyes, he said slowly:
"On this subject, I must state that this qiē really has nothing to do with me. After learning of the SEC's investigation of our fund, we also organized an internal investigation. Since I talked about this topic today, I will frankly say this in court, and the truth is that there is a problem with the risk control within Tianyu Fund. ”
Zhong Shi's words caused everyone to be puzzled, and they did not understand what this question had to do with the question Zhong Shi was asked. However, everyone knew that Zhong Shi had something to do, so no one bothered him. are quietly waiting for his next step.
"The operation of our fund's funds is carried out in strict accordance with the previously formulated internal strategy, and the corresponding account management authority is also strictly regulated. However, in the process of our self-examination, we found that some internal managers took advantage of the convenience of the account to add their own funds to the account they were in charge of. In fact, after I issued an order to the entire fund to cease shorting Stanley shares, this part of the money came from the personal actions of certain employees within the Tianyu Fund. As for why they borrowed from our fund. That should be to waive this part of the commission. ”
This can be regarded as exposing his own family ugliness, so Zhong Shi went through some inner struggle before telling the truth of the facts. Strictly speaking, these practices are illegal, but fortunately, X-Spatial Fund is not a fund that is open to market investors. So the requirements in this regard are not as stringent as those of mutual funds.
"After discovering these situations, we have reported them to the Hong Kong regulators, and the police there have opened a case against the matter, and if necessary, I can ask the other party to issue an official letter to confirm the authenticity of the matter."
After finishing speaking, Zhong Shi's expression was slightly obscure, he touched the tip of his nose in embarrassment, and added with a wry smile: "These are all there is to it!" So far, we have not been able to contact the person concerned, and it is unclear whether he was acting out of interest or at the behest of others. However, my personal guess is that the latter is more likely. I firmly believe that there is a frame-up behind this accusation, and this is strong evidence. ”
"So you're planning to put out a scapegoat and take the blame off you?" In response to Zhong Shi's remarks, Mead. Wolfsky snorted coldly and mocked unceremoniously, "I have to say, Mr. Zhong, your rhetoric is very marketable. But you have to be clear, what you say now does not prove your innocence, at least not convince me. Because referring to many previous cases of insider trading, shirking responsibility is a common trick. ”
"The news I heard is that within the Tianyu Fund, Mr. Zhong, your personal prestige is very high, and basically what you say will not be refuted. So now the question is, isn't it a little strange that someone actually went short against your orders? In addition, I noticed that Tianyu Fund is a closed-end fund that is only open to internal employees, logically speaking, if your strategy is correct, then your employees only need to put their funds into the fund, why is he not willing to put their funds into a high-growth fund and choose to take risks? ”
"I can't explain this qiē!" Mead. Wolfsky shook his head as he spoke, ignoring Bell Stone's conspiracy theories.
After he finished speaking, most of the members of the jury looked thoughtful, they had been a little confused by the whole thing, and in this case the mind unconsciously followed Mead. Wolfsky said what to say.
"Participation in our fund is voluntary and not mandatory, so some employees are not involved!" Zhong Shi's face remained unchanged and explained calmly, "In addition, I have been in charge of macro research for many years, and the director in charge of the trader is currently in Hong Kong, and the trader who had the accident is in the United States, so it is also surprising that there is a regulatory mistake. ”
"It's a good story, but unfortunately, if you can't produce a recording to prove that you said this, or can't find the words of the person you said, then I'm very sorry, you can't even convince me of what you said." Mead. Wolfsky remained unmoved, and no matter what Zhongshi explained, he looked indifferent.
This is also true, although what Zhong Shi said may be true, but the problem is that what he said does not prove it, and without strong evidence, it is very likely that these words will be considered to be true. Sean once said that there was no problem with Bell Stone's integrity.
Mead after the cross-examination. Wolfsky's face was triumphant, and he defiantly looked at the iron-faced Allen. Sean glanced at it, then sat back in his seat with pride.
Although he had long been prepared for the focus of the opponent's possible attack, Allen. Sean didn't expect that in the end, the other party would change the muzzle of the gun, no longer focusing on the accusation that Zhong Shi was involved in insider trading, but biting the matter that Zhong Shi might acquiesce in or even condone his subordinates to engage in insider trading, which made the defense strategy he had prepared before in vain. Allan. Sean secretly exhaled in his heart, and after taking a deep breath, he stepped forward and began to interrogate Zhong Shi. (To be continued......)